Should You Buy Amazon $AMZN Stock Now Before the Split? ????????‍♂️????

Amazon has been stuck in the mud, but is the stock a buy now? On March 9th, Amazon (AMZN stock) announced a 20-for-1 stock split, the company’s first split since 1999 and its fourth since the IPO in 1997. Additionally, Amazon announced a $10 billion share buy back plan. The company shares have rocketed 4,300% since its last stock split announcement. Amazon's stock price soared to all-time highs after the pandemic, but it's been trading sideways to lower since. Do the shares have more pain ahead, or is Amazon stock a buy now?

Of course, you do not own more of Amazon because of the stock split. If you cut a pizza into twenty slices, you still have one pizza. With that said, lower share prices can equate to more pin action because of options contracts, and I think the company looks attractive here as a long-term investment.

In this video, I break down the key fundamental highlights that will power Amazon over the next decade. I'll also chart out Amazon’s price-to-sales ratio and provide an opinion on where I think the stock price is headed from here.

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#AMZN #split #amazon #growthstocks #AWS

Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. FIRED Up Wealth & Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.